Stanford Receiver Seeks $3M From Fund Tied To Bidens

Law360, New York (April 18, 2011, 5:58 PM ET) -- The receiver for accused Ponzi schemer Robert Allen Stanford's estate asked a Texas federal court Monday to force a hedge fund linked to Vice President Joe Biden's family to hand over $3 million held in two Stanford companies' accounts.

Ralph S. Janvey, the Stanford liquidating trustee, claimed that Paradigm Global Advisors LLC, Paradigm Capital Management LLC and others had refused to turn over assets held under the names of Stanford International Bank Ltd. — a defendant in the U.S. Securities and Exchange Commission's suit over Stanford's...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers